- The built environment currently accounts for nearly 40% of the world’s carbon emissions, with the figure expected to double by 2060
- The current administration has already set the goal of reducing the carbon footprint of the U.S. building stock by 50% come 2035, in addition to meeting the net-zero carbon emissions goals by 2050
- Experts have pointed to the use of technology as the answer to reducing buildings’ carbon footprint, and retrofitting existing buildings has proven to be a viable way of achieving the carbon goals, which is what Correlate is all about
- Correlate recognizes the opportunity at hand and looks to capitalize on it to not only push the retrofitting conversation forward but also provide the necessary systems, infrastructure, and services that facilitate these retrofits
Currently, “built environment” (existing buildings) is considered the single largest carbon emitter, way ahead of transportation and agriculture. It accounts for nearly 40% of the world’s carbon emissions, which is expected to double by 2060. Experts point to the use of technology as the answer to this growing problem, replacing legacy systems with smarter, greener ones. Of note is the significant financial upside associated with this move, alongside tenant satisfaction and higher occupancy rates (https://ibn.fm/46UgN).
Correlate Infrastructure Partners (OTCQB: CIPI), a tech-enabled development, finance, and fulfillment platform for distributed energy solutions across North America, recognizes the issue at hand and the opportunity that it presents. Its focus is on retrofitting existing commercial buildings with…
NOTE TO INVESTORS: The latest news and updates relating to CIPI are available in the company’s newsroom at https://ibn.fm/CIPI
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